New Delhi, May 21 (IANS) US-India trade is entering a high‑growth phase and could reach $500 billion by 2030 driven by stronger supply chains, technology collaboration and deeper integration across manufacturing and services, a report said on Thursday. The report from KPMG in India and AMCHAM said bilateral trade has expanded steadily in recent years, with India’s cumulative exports to the US reaching $87.3 billion in FY26, accounting for 20 per cent of total merchandise exports.Electronics,…
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Washington, April 23 (IANS) India is emerging as a key player in a global shift in supply chains, driven by efforts to reduce dependence on China, former US official Nisha Biswal said. Biswal, Partner at The Asia Group and former US Assistant Secretary of State for South and Central Asian Affairs, said businesses are rethinking their strategies amid geopolitical and economic uncertainty.“There has been enormous progress,” she said, noting that US-India trade has grown “from 50 billion… t…